AI Tech Firm SandboxAQ Adds $300M to Ramp Up Development of LQMs for Drug Discovery & More
MedCity News December 19, 2024
Applications of SandboxAQ’s large quantitative models (LQMs) technology include running simulations that identify new biomarkers and optimize clinical development of drug candidates. The company spun out of Alphabet in 2022.
Artificial intelligence technology company SandboxAQ has raised $300 million to accelerate development of technologies with applications in a range of industries, including the life sciences.
Palo Alto, California-based SandboxAQ, a spinout of Alphabet, specified that the new funding announced Wednesday will support development of large quantitative models (LQMs), which are models that process and analyze large datasets. That’s in contrast to large language models (LLMs) that analyze text.
SandboxAZ says its LQMs are used by companies in the life sciences, energy, financial services, government, telecommunications, and more. In drug research,...